The Delhi High Court order, which is in favour of the taxpayers who had approached the court, was issued by a Division Bench, comprising Justices Manmohan and Navin Chawla.

UBS, in an emailed statement said, "We remain committed to our business in India and retain a significant presence onshore and in the region." Bloomberg on Wednesday reported that UBS planned to shut its global banking office in India and move investment banking coverage for the country offshore.

For Punjab National Bank, RBI said the action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

According to sources, it is unlikely that the bill on cryptocurrency will be brought in the ongoing winter session of Parliament. The bill, which was listed in the government's legislative business of the winter session, seeks to "create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India".

* Higher fiscal deficit seen regardless of which candidate wins * US services index rises, help extend gains in Treasury yields * US yield curve steepens slightly * US Treasury to sell $42 billion in 10-year notes By Gertrude Chavez-Dreyfuss NEW YORK, Nov 5 (Reuters) - U.S. Treasury yields rose on Tuesday after posting sharp declines in the previous session,...

12:11 PM EST, 11/05/2024 (MT Newswires) -- All three major US stock indexes were up in late-morning trading on Tuesday as Americans go to the polls to vote on the next president of the United States. In company news, Boeing ( BA ) reached an agreement with its striking workers Monday, as members of the International Association of Machinists and...

09:36 AM EST, 11/05/2024 (MT Newswires) -- Gold prices rose early Tuesday on a weaker dollar and safe-haven buying on the final day of voting in a tight U.S. election. Gold for December delivery was last seen up US$9.50 to US$2,755.70 per ounce. The rise comes ahead of the end of voting in the U.S. election, with polls showing a...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Polls show tight race, Trump leads in betting markets * Trump-linked stocks rally * Palantir ( PLTR ), GlobalFoundries ( GFS ) soar after results * Indexes up: Dow 0.60%, S&P 500 0.79%, Nasdaq 1.03% (Updated at 10:05 a.m....

The IT city is facing the worst of floods and social media is flooded with visuals from Bengaluru as residents expressed their anger, opinions, and interesting takes online.

Utimaco provides a Public Warning System (PWS) that sends alerts and warnings within seconds to every cell phone in an area affected by a catastrophic situation without the need for mobile numbers and irrespective of the congestion in the telecom network.

On World Environment Day 2022, we take a look at the tech sector that alone is responsible for 2-3 percent of the global greenhouse gas emissions. See how technology impacts the environment and what the big companies are doing.

The researchers suggested countries narrow down the carbon capture and utilisation (CCU) technologies and channelise investments into those that hold more promise, otherwise the 2050 net-zero goals may remain elusive.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

ZURICH, July 29 (Reuters) - Sika reported lower half-year sales and profit on Tuesday as the weaker dollar shrunk the construction chemicals maker's earnings when converted back into Swiss francs. The company, which makes products used to strengthen and waterproof walls and floors, said its sales fell 2.7% to 5.68 billion Swiss francs ($7.08 billion) in the six months to...

July 29 (Reuters) - UBS has ordered bankers to scale back sales of complex currency derivatives after its clients suffered heavy losses due to U.S. President Donald Trump's Liberation day tariff announcements, the Financial Times reported on Tuesday. Reuters could not immediately verify the report. UBS did not immediately respond to a request for comment. (Reporting by Yazhini MV in...

ZURICH, July 29 (Reuters) - Sika reported lower half-year sales and profit on Tuesday as the weaker dollar shrunk the construction chemicals maker's earnings when converted back into Swiss francs. The company, which makes products used to strengthen and waterproof walls and floors, said its sales fell 2.7% to 5.68 billion Swiss francs ($7.08 billion) in the six months to...

SEOUL (Reuters) -South Korean Finance Minister Koo Yun-cheol said on Tuesday he would seek a mutually beneficial trade deal when he meets U.S. Treasury Secretary Scott Bessent for talks this week, just days before an August 1 deadline expires to avoid punishing tariffs. Speaking at the airport before departing for Washington, Koo said he would propose at Thursday's meeting a...

Recommended by Richard Snow Improve your trading with IG Client Sentiment Data AUD/USD AUD/USD: Retail trading statistics indicate 81.92% of participants hold long positions, with a long-to-short ratio of 4.53:1. Long positions have increased by 2.53% daily and 6.08% weekly, while short positions have decreased by 10.24% daily and 16.94% weekly. Adopting a contrarian approach to market sentiment suggests potential...

The decentralized finance (DeFi) sector is witnessing a resurgence, marked by growth in key metrics such as active loans and total value locked (TVL) from their 2023 lows. DeFi lending, an important component that enables investors to lend their crypto holdings in exchange for interest, is an indicator of DeFi participation and overall market health. Active Loans Hit $13.3 Billion...

A lengthy court battle to extradite a disgraced crypto mogul, Do Kwon, has seemingly come to a close following a court ruling Thursday. The Appellate Court of Montenegro ruled that Kwon – founder of the defunct Terra blockchain – will be sent to South Korea for prosecution. Do Kwon Set For South Korea The latest ruling re-confirms a prior decision...

Pro-crypto Wyoming Senator Cynthia Lummis unveiled her Bitcoin bill on July 31, labeling it “our Louisiana Purchase moment.” The proposed ‘Bitcoin Act’ aims to add 1 million BTC, worth around $64 billion at current prices, to U.S. government holdings over five years. The legislation aims to establish a strategic Bitcoin reserve and other programs: “To ensure the transparent management of...